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Future Trend Analysis Report

Prepared for you on Tuesday, July 14, 2020.

BRENT CRUDE OIL LAST DAY May 2024 (NYMEX:QBZ.K24)

Weak Downtrend (-65) - QBZ.K24 is showing signs of a strengthening downtrend. Monitor QBZ.K24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QBZ.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QBZ.K24
Open High Low QBZ.K24 Price Change
50.46 50.46 50.46 50.46 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.K24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QBZ.K24

Based on our trend formula, QBZ.K24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QBZ.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.46 50.46 50.46 50.46 0.00
Prev. Close Volume Bid Ask Time
50.46 0 2020-07-13 00:00:00
Volatility29.82Expiration2024-03-28
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